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A weak dollar threatens the Fed’s rate-cut magic

Greenback is weighed down by expectations of lower rates and threats to central bank independence

©The Financial Times Limited 2020 Sep 17, 2025 / 12:33 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
A weak dollar threatens the Fed’s rate-cut magic

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